Trump calls off February 1st tariffs

Summary

CNBC's Eamon Javers reports that President Trump has called off a threatened 10% tariff on a number of NATO countries that was set to begin February 1, after a meeting with NATO's secretary general. Trump said a framework for a future deal on Greenland and the entire Arctic region has been formed, with further talks including the Golden Dome. It remains unclear whether the framework implies full acquisition of Greenland or some other arrangement.

• Trump called off tariffs scheduled for February 1 on several NATO countries.
• The tariffs were threatened over NATO countries sending troops to Greenland.
• Trump cited a productive meeting with NATO's secretary general.
• He announced a framework for a future deal on Greenland and the Arctic.
• Additional discussions involve the Golden Dome as it pertains to Greenland.
• It is unclear what the Greenland framework means.
• Eamon Javers highlights both the tariff retraction and the ambiguity of the announced deal framework.